EUR/USD: broken 'Flag' pattern

EUR/USD: broken 'Flag' pattern


The last 'Flag' pattern has been broken, so it's likely that the market is going to test the next support at 1.1529. A pullback from this level could be a starting point for an upward correction towards the 34 Moving Average.


The price went through the Flag's lower side, so there's a new local low. In this case, we should keep an eye on the nearest support at 1.1552 - 1.1529 as an intraday target. If a pullback from this area happens next, there'll be a moment for an upward correction.



Latest news

GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera